The report recommends five key criteria for the selection of research and innovation projects at EU level. They should:

Be bold and inspirational, with wide societal relevance

Be ambitious, but with realistic research & innovation actions

Foster cross-disciplinary, cross-sectoral and cross-actor innovation

Set a clear direction: targeted, measureable and time-bound

Require multiple, bottom-up solutions

Professor Mazzucato currently holds the Chair in the Economics of Innovation and Public Value at University College London (UCL). She is founder and director of UCL’s new Institute for Innovation and Public Purpose. Her research covers the relationship between financial markets, innovation, and economic growth. She is author of the best-selling book The Entrepreneurial State: debunking public vs. private sector myths.

The Commission is calling on the public and research and innovation stakeholders for feedback on the report, including suggestions for possible EU research and innovation missions. The call for feedback is available here.